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Bing Industries Has 10 Million Shares Outstanding And A Current Share Price Of $35 Per Share

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Bing Industries has 10 million shares outstanding and a current share price of $35 per share. It also hasPage :
Date:
Answer – workings
value of share = 10 m x $ 35
= $350 million
Value of Debt = $ 80 million
Total Investment = $ 350 + $80
= $430
In come statement
( Amount in $ ] (million)
EBIT
90….Finance